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Monet's 'Water Lilies' auctioned in NY for $27M

( Agencies ) Updated: 2014-05-08 17:46:41

Pierre-Auguste Renoir's "Young Women Playing Badminton,'' another from the Clark estate, sold for $11.4 million.

The prices include the buyer's premium.

Christie's is scheduled to sell other pieces from the Clark collection on June 18.

The scene moves to Sotheby's on Wednesday. The auction house is offering four sculptures and one oil painting by Alberto Giacometti. Leading the selection is the artist's "City Square,'' a multi-figural sculpture that is estimated to bring $12 million to $18 million.

Giacometti's "Large Thin Head (Large Head of Diego),'' a sculptural representation of the artist's younger brother, brought $50 million at auction last year. The auction record for any Giacometti work is $103.9 million.

Among other top lots at Sotheby's is Matisse's "Morning Session,'' a 1924 oil of the artist's assistant, Henriette Darricarrere. It could bring up to $30 million. The current auction record is $48.8 million for his "Black IV,'' set in 2010.

Sotheby's also has three works by Joan Miro that had languished in a vault in New York for 50 years. The Spanish artist created them for the filmmaker and photographer Thomas Bouchard and his daughter Diane. One of the works, "Untitled, 1947,'' depicting colorful anthropomorphic forms on a rich blue background, is estimated at $4 million to $6 million. The other two works are set to go under the hammer at Sotheby's day sale Thursday.

Sotheby's expects Wednesday auction to bring up to a total of $322 million.

Next week, both houses are offering works by postwar and contemporary artists.

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